“Hamburg are in a fairly precarious position in the league, and I’m told that for compensation purposes they are defined currently as a category four club.

“If they get relegated that would change to a category two club and that has an affect on the amount of compensation that gets paid, so at the moment we’re rooting for Hamburg.

“The funds would actually go to Rangers initially, and then our share would come to us.

“It’s a reasonable amount of money and I think it’s clear that a deal like this would never have happened if David Bates was still here.

“It’s only the fact he’s been playing at Rangers and getting exposure that people have seen what he’s capable of.

“It was one of the things we thought about as far as the transfer to Rangers was concerned, and it does look as if it is coming to fruition.

“We didn’t think it would be done this way. We thought he might be sold by Rangers and we’d get a sell-on percentage, but we’re still covered as far as that’s concerned, and we get a reasonable amount of money coming in, which will certainly help the club.

“But there’s a lot of ifs around there. Let’s firstly root for Hamburg staying in the Bundesliga and let’s see what comes of it.

“It will be after the opening of transfer window when hopefully a proper contract will be signed and at that stage we’ll be chasing after the money.”

Mr Young refused to divulge the amount Raith expect to receive, although the Press understands that it could potentially reach six figures if Hamburg avoid the drop.

However, the club are currently eight points adrift from even a relegation play-off with just four games left.